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    Microeconomics Study Set 49
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    Exam 5: The Theory of Demand
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    Suppose When the Consumer's Income Rises by 100%, the Consumer's\(x\)
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Suppose When the Consumer's Income Rises by 100%, the Consumer's xxx

Question 85

Question 85

Multiple Choice

Suppose when the consumer's income rises by 100%, the consumer's consumption of good xxx falls by 1%. We can infer that good xxx is a(n) :


A) normal good.
B) inferior good.
C) Giffen good.
D) marginal good.

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